SuperForex

The pair forms a downtrend

Short
FX:GBPUSD   British Pound / U.S. Dollar
We have a downward trend in our pair. The dollar index continues its growth and the reserve currency continues to strengthen against the basket of major currencies.

At the moment, after forming of the "head and shoulders" figure, quotations continue to decline. Technical indicators also indicate a "sale."
Because of that at the moment we are considering entry options for short positions. The target level is 1.38

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